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How good, or bad, a job has the federal reserve bank done over the last two years? Why? What could it or should it have done differently? Why? Please provide references to support your position.
National income is initially at its equilibrium level when desired investment falls and a fall in national income, but not by as much as the fall in desired investment
Explain how an AS shock such as a sudden increase in oil prices would affect the economy first in the short run and then in the long run. Assume that the United States is initially operating at its full-employment level of output.
In December, suppose the money supply does increase to $300 billion and there were no changes in resources in the economy. However, the price level did not change from November. What must have velocity been in December to ensure prices did not cha..
Explain how our allocation of time resembles the way the nation or other firms allocate scarce resources (land, Labor, Capital and Entrepreneurship
The basic Idea as per the Solow model and its relationship with technological advance. What will add to capital stock and detract from it.
During a recession the government causally raise government spending
Suppose that a competitive industry is in long Run competitive equilibrium. Then the price of substitute good (in consumption) decreases. What will happen to the short run to
consumer when the employee accepts the offer and when he or she does not. determine, using a diagram, how this shift in income will affect current consumption, future consumption and savings. distinguish between borrowers and lenders.
b)calculate the amount of additional reserve this bank would like to loan out to customers c)if this bank loans out the reserves you calculated in part ( b above, how much will the money supply change as a result)
A rural utility organization gives standby power to pumping stations using diesel-powered generators.
Assume that the aggregate demand and supply schedules for a hypothetical economy are as demonstrate:
Using the dynamic augmented Phillip's Curve model (Y/PC/MR), demonstrate the effects of the Following changes. Show both the short-run and long-run effects.
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